iShares Silver Trust (ETF) (SLV)

TMFSinchiruna (90.70) Submitted: 2/27/08 6:14 PM

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Well, I made that safe prediction in December of 2006, when silver was around $14 and nobody thought it could go any higher. By summertime it had hit $15 and never looked back. In the past week, silver has gained another $1.40 to $19.26 as of today, Feb. 27, 2008. The dollar index, meanwhile, carved a brand new all-time low today around .74! With the track record I've developed, I can now be a little more forthcoming with my projections, and hopefully people will take them to heart. There is NOTHING supporting the US Dollar. It will keep carving new lows, and gold and silver will keep carving new highs... right through $50 silver on its way through $100 and beyond. Gold will bust through $1,000 any day now on its way to $1,650 and beyond well through $2,000. I know these projections are good, and I am fully invested accordingly. I hope some of you will take appropriate actions to protect your assets from inflation, bank closures and the meltdown of the credit markets, etc. SLV is not your best bet, though, buy CEF instead... especially after today's announcement of another share offering (non-dilutive).

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